Sikder Insurance Company Limited

DSE:SICL Stock Report

Market Cap: ৳1.3b

Sikder Insurance Management

Management criteria checks 2/4

We currently do not have sufficient information about the CEO.

Key information

Sk. Rafique

Chief executive officer

৳3.6m

Total compensation

CEO salary percentagen/a
CEO tenure3.3yrs
CEO ownershipn/a
Management average tenure3.5yrs
Board average tenure2.6yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Sk. Rafique's remuneration changed compared to Sikder Insurance's earnings?
DateTotal CompensationSalaryCompany Earnings
Dec 31 2022৳4mn/a

৳29m

Dec 31 2021৳3m৳3m

৳29m

Compensation vs Market: Sk.'s total compensation ($USD30.98K) is above average for companies of similar size in the BD market ($USD20.78K).

Compensation vs Earnings: Sk.'s compensation has been consistent with company performance over the past year.


CEO

Sk. Rafique (59 yo)

3.3yrs

Tenure

৳3,624,000

Compensation

Mr. SK Abdur Rafique has been the Chief Executive Officer of Sikder Insurance Company Limited since February 22, 2021.


Leadership Team

NamePositionTenureCompensationOwnership
Sk. Rafique
Chief Executive Officer3.3yrs৳3.62mno data
Md. Uddin
Senior Executive VP & CFO3.5yrs৳1.03mno data
Abdur Razzak
Deputy VP5.8yrs৳437.40kno data
Md. Ali
Assistant VP and Head of ITno data৳609.00kno data
Md. Hossain
Senior Executive VP and Head of BCD & Marketing Departmentno datano datano data
Md. Motaleb
Senior Executive VP & Head of Underwriting & Procurement Departmentno data৳724.79kno data
Md. Rahman
Advisorno datano datano data
Md. Chowdhury
Assistant VP and Head of Re-Insurance & Claims Departmentno datano datano data

3.5yrs

Average Tenure

58yo

Average Age

Experienced Management: SICL's management team is considered experienced (3.5 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Jeffrey Sikder
Director2.6yrsno data4%
BDT 52.2m
Lisa Haque
Director2.6yrsno data4.8%
BDT 62.6m
Jonas Sikder
Director2.6yrsno data4%
BDT 52.2m
Mandy Sikder
Director2.6yrsno data4%
BDT 52.2m
Nasim Sikder
Chairman2.6yrsno data6%
BDT 78.2m
Salah Khan
Director2yrsno data2%
BDT 26.1m
Mohtasim Khan
Director2yrsno data2%
BDT 26.1m
Monica Khan
Director2.6yrsno data4%
BDT 52.2m
Gazi Md. Kabir
Independent Director2.6yrsno datano data
Uttam Bhowmik
Independent Director2.6yrsno datano data

2.6yrs

Average Tenure

44yo

Average Age

Experienced Board: SICL's board of directors are not considered experienced ( 2.6 years average tenure), which suggests a new board.


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